Audacity has an equalization effect (http://manual.audacityteam.org/o/man/equalization.html) and a reverb effect (http://manual.audacityteam.org/o/man/reverb.html). They are separate effects. You will get a slightly different overall effect depending on which you apply first - experiment to find the effect that you like best.
Other reverb effects are available as plugins (http://audacityteam.org/download/plugins).
For a detailed overview of effects in Audacity, see here in the manual: http://manual.audacityteam.org/o/man/effect_menu.html