My DD has certainly shown signs of frustration and will yell or make annoyed noises when her toy doesn't do what she wants it to. She often throws her toys around too. Sometimes when I can see what is frustrating her I help her out or guide her to another activity.
She shows the whole gamut of emotions including anger and I've been thumped a number of times. Generally I tell her in a quiet but firm voice that is not the way to behave and we work it out, she either ends up on the floor for play by herself or a cuddle depending on what has led to the outburst.