The outer pad or even the inner pad isn't going to move that much at all.
The Lathe cut seal on the inside of the caliper, against the caliper piston(outer diameter) is designed to pull the piston back upon releasing pressure. The amount it's pulled back is anywhere from .015-.040 of an inch. Not much. Application of the brakes takes up this space and a very small amount more.
The pads and caliper are designed to make both pads move the same amount, making it seem even smaller.
There isn't a gap between the pad and the rotor is there?
When you had the calipers off of their carriers where did you hang them and by what? If you hung the calipers by the brake hoses then you need to replace the brake hoses and bleed the system of air. This is also an issue if you hang the calipers up on the spring and one falls off the spring and then swings by the brake hose.
I learned this one from personal experience. I replaced a caliper on my Camaro in H/S b/c the car pulled to the right during braking. I spent $45 on a reman caliper, then found out I could've fixed it w/ a $8 brake hose.
When the brake hoses stretch or deteriorate internally, they can become like a one way check valve or a restriction. Rule of thumb, if the rubber exterior of the hose is cracking or split, replace them. The rubber you see only protects the internals of the hose, but it's still a good idea to replace them.
Honestly though, the first thing I'd try to do is to bleed the system. This might point you in the right direction, and it's probably time for the old fluid to be changed anyways. It'll take less than 20mins w/ a buddy and it's a good practice to learn, if you don't already know how.
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