What is the name of the effect where every other frame is dropped and the remaining frames are duplicated? What is the name of the effect where every other frame is dropped and the remaining frames are duplicated?

Like this...

ABCDEFG   // 1: original
ACEG      // 2: every other frame deleted
AACCEEGG  // 3: remaining frames duplicated


Does Final Cut have this feature?

If not, how do I do this?
Back in the days of analog video, TBCs used to call that a strobe effect. It looks like Premiere has a strobe filter, but I don't know if it can be configured to do the freezing, instead of flashes.