What is the relationship between grace, mercy, and peace?

The relationship between grace, mercy, and peace is essential for understanding Christian salvation. Grace provides what we do not deserve, while mercy holds back what we do deserve. Together, they construct the framework where peace with God is established. When we experience God's grace and mercy, we find peace that surpasses all understanding, leading us to live harmoniously in our relationship with Him. This triad is beautifully illustrated in the story of Ruth, where Boaz's grace and mercy toward her resulted in her peace and restoration.