Chunky Cheese Macaroni

Ingredients

• 1 lb. elbow macaroni
• 3 qt. boiling water
• 1 Tbsp. salt
• 6 Tbsp. margarine
• 3 Tbsp. flour
• 1 1/2 tsp. salt
• 1 1/2 tsp. chili powder
• 1/2 tsp. pepper
• 3 c. milk
• 2 Tbsp. minced onion
• 1/2 c. grated American cheese
• 2 canned pimientos, sliced
• 1 1/2 c. pitted ripe olives, halved
• 2 c. cubed American cheese